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4535 Avondale StreetBethesda, MD 20814

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$3,500,000

Smart Buyer Rebate $35,000

Exceptional investment opportunity in the heart of Downtown Bethesda. Situated on a prominent corner lot, 4535 Avondale Street is a fully renovated and fully furnished four-unit multifamily property featuring four luxury 2-bedroom, 2-bathroom residences. Each unit is thoughtfully designed and operates as a highly successful mid-term rental catering to corporate relocations, medical professionals, executive housing clients, extended stay tenants, and more. The property is being offered fully turnkey with established operations in place and strong income-producing history.

Beyond its current performance, the property offers significant long-term redevelopment potential. Located within the Downtown Bethesda growth corridor and positioned to benefit from the Thrive Montgomery 2050 plan, this rare standalone corner parcel presents future opportunities for increased residential density, making it attractive to both cash-flow investors and long-term developers.

The building's location provides outstanding visibility, accessibility, and development flexibility while placing residents mere blocks from Bethesda Row, Bethesda Metro station, premier dining, shopping, major commuter routes, NIH and Walter Reed, this asset combines strong current performance with exceptional long-term potential. Whether acquired as a stabilized income-producing asset or as a strategic land investment in one of Montgomery County's most desirable urban markets, 4535 Avondale Street represents a rare opportunity to own a premier multifamily property in Downtown Bethesda.

Listed by Andres A Serafini

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License #627230

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Realty of America LLC

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2404188899

Last updated June 10, 2026

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Source: BrightMLS #MDMC2239142

Listing Facts

  • TypeMulti-family
  • NeighborhoodBethesda
  • Taxes$38,881/year
  • Size6,121 sqft
  • Price per sqft$572

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

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Property Details for 4535 Avondale Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1950
  • Architectural Style: Contemporary
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade
  • View: City
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.13
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,451
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $38,881.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric, Icemaker, Water Heater
  • Fireplace: No

Measurements

  • Living Area: 6,121
  • Living Area Source: Assessor

Rooms

  • Basement: Other, Unfinished, Rear Entrance, Outside Entrance
  • Has Basement: Yes

Other

Features

  • Accessibility Features: 2+ Access Exits, 36"+ Wide Halls

Location

  • Tax Lot: 5

Parking

Parking

  • Garage: No
  • Parking Features: Assigned

Schools

Elementary School

  • Elementary School: SOMERSET

High School

  • High School: BETHESDA-CHEVY CHASE

Middle or Junior School

  • Middle Or Junior School: WESTLAND

Utilities

Equipment

  • Cooling: Ductless/Mini-Split
  • Heating: Wall Unit
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4535 Avondale Street.

What schools are nearby to 4535 Avondale Street?

Nearby schools include the SOMERSET Elementary School, WESTLAND Middle School, and BETHESDA-CHEVY CHASE High School.

What are the annual taxes for 4535 Avondale Street?

Annual taxes for this multi-family home are estimated at $38,881.

How does 4535 Avondale Street compare to other multi-family homes in Bethesda?

This multi-family home is listed 8% above the average price for multi-family homes in Bethesda and has been on the market for 41 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,121 sqft.

4535 Avondale Street is a -bedroom multi-family home for sale in BETHESDA MD 20814. This property features 6,121 square feet of living space, located in Bethesda. The median listing price for multi-family homes in this area is $1,397,450. Nearby schools include SOMERSET Elementary School, WESTLAND Middle School, and BETHESDA-CHEVY CHASE High School. Property amenities include dishwasher, parking, and dryer. Explore more multi-family home listings in Montgomery County.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.